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Rock, a new meme coin on the SunPump ecosystem, was one of the top-performing cryptocurrencies, driven by speculation that Justin Sun had invested in it. ROCK (ROCK) token surged nearly 100%, reaching a high of $0.003375, which gave it a…

The Hong Kong Monetary Authority (HKMA) has introduced the Project Ensemble Sandbox, an initiative designed to test tokenization use cases across various asset classes and real-world financial applications, according to an Aug. 28 statement. The sandbox will explore and refine the use of tokenized money in interbank settlements and transactions involving tokenized assets. HKMA chief […]

The post Hong Kong’s Project Ensemble Sandbox explores future of tokenized finance appeared first on CryptoSlate.

Embattled crypto platform WazirX has entered an initial 30-day moratorium following a $234 million hack in July, pending a decision by Singapore’s High Court on whether to grant an extension, according to an Aug. 28 statement. This development arose as rival platform CoinSwitch announced its intention to pursue legal action to recover approximately $9.6 million […]

The post WazirX embarks on 30-day moratorium as rival seeks to recover around $10 million in stuck funds appeared first on CryptoSlate.

OpenSea CEO Devin Finzer announced that the firm received a Wells Notice from the US Securities and Exchange Commission (SEC) because the regulator considers the NFTs on its platform securities. In an Aug. 28 statement on X, Finzer expressed surprise at the SEC’s broad action against creators and artists. He stated: “We’re shocked the SEC […]

The post OpenSea CEO vows to fight SEC’s NFT crackdown with $5 million defense fund appeared first on CryptoSlate.

Binance seized Palestinian funds following requests from Israeli authorities, sparking outrage from the crypto community.
Binance’s CEO dismissed the controversy as misinformation, but skeptici

The post Binance seizes Palestinian funds, draws ire: ‘Not your keys, not your coins’ appeared first on AMBCrypto.

The TRON (TRX) blockchain has officially surpassed giants like Solana and Ethereum in daily revenue, while the Avalanche (AVAX) price forecast shows signs of a bullish recovery after months of decline

The post BlockDAG teams up with top EU soccer club Borussia Dortmund appeared first on AMBCrypto.

Insights revealed that U.S. investors are actively acquiring ETH despite its recent decline.
While mixed signals from various metrics cast uncertainty on the potential for a rally, technical pa

The post U.S. investors choose Ethereum despite market turmoil: Bullish for ETH? appeared first on AMBCrypto.

WLD’s price dropped further as selling pressure from Alameda Research hampered any attempts to gain.
The decline in daily active addresses and Open Interest showed a lack of market interest. 

The post Worldcoin’s struggles continue as Alameda dumps WLD: What’s next? appeared first on AMBCrypto.

Ethereum’s price has fallen by nearly 9%, trading at $2,460 after peaking at $2,696 just a day earlier.
Analysts are divided on ETH’s next move, with some predicting a potential rebound and oth

The post As Ethereum crashes 9%, here’s what’s coming next for ETH appeared first on AMBCrypto.

OpenSea has received a Wells Notice from the SEC as the commission believes NFTs to be securities
The platform’s head has claimed that it would oppose this claim and has pledged millions to cov

The post SEC considering enforcement action against NFT platform Opensea appeared first on AMBCrypto.